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. >> thank you. >> coming up, president obama put climate change and energy reform front and center during the state of the union speech, but marco, i'm not a scientist rubio mostly dismissed this in his response. we'll discuss just ahead. hello! how sharp is your business security? can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. how dowe get doing...olished room and make it shine? ...with a store full of ways to get it done. we can all throw on our work clothes... ...and throw out any doubt. because right now's the time to take those rooms from... ..."think i can do this?" to... ..."let me show you what i just did." more saving. more doing. that's the power of the home depot. outsmart your budget with this shaker vanity, a special buy at just $199. she was a picky eater.
's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication the dysfunction won't end anytime soon. earlier this week we learned the euro area experienced its third straight quarter of negative growth. gdp there fell by 0.6%, the worst since 2009. europe has been experimenting with austerity. the deep cuts to government spending that have failed to turn the euro area economies around. unemployment in the euro area is 11.7%. some countries like spain and greece above 25%. washington is less than two week ace way fr
break any new ground in executive action. >> the same steps that we took with respect to energy efficiency on cars we can take on building, we can take on appliances. we can make sure that new power plants that are being built are more efficient than the old ones, and we can continue to put research and our support behind clean energy that is going to continue to help us transition away from dirtier fuels. >> then perhaps is the strange culture of washington that used climate as a special interest issue relevant to environmental groups and not every living human on the planet. while there's an obsession over budget projections for 240 they are sanguin that arctic ice has decimated. no one will care in 30 years what the deficit was in 2013. quick pop quiz. what was the deficit in 1953 or 1923 or heck 1883? the correct answer is you don't know because it doesn't matter. what does matter are the molecules in the air much more than numbers on the balance sheet. the apathy on climate change extends to people that constitutes the president's base. standard liberal activists to whine t
on having to deal with deflation down the road so interest rates are low. the situation in energy which is not only going to drive manufacturing in this country and ultimately will lead to jobs in this country. the turnaround in housing. we have had a lot of problems, and we haven't chewed through all of them. haven't even throughed through all or part of them, but which eve chewed through a lot of them and nobody sounds a gun or blows a whistle when things have gotten better. sentiment is lagging and still slow, but i think the market as a whole, no one individual with the market as a whole is looking ahead and said with these advantages i think, you know, we could be on the threshold of a bull market. look what happened in the early '80s. that was a period, a period of very, very poor sentiment for a very long time. no one would have forecast a 20-year bull market cycle, and i can't even do that now, but i could tell you the fact that the sentiment is negative will have no bearing on what happens. >> what about europe? how concerned are you about europe, that it's going to rear its ug
stories. an through and. >> thank you. that is a huge story. >>> in other news, the international energy agency is now cautioning expectations that higher oil demand growth this year could be overly optimistic. the watchdog group is warning that recent signs of the recovery could be the result of one off factors and not a sustained trend of improvement. so the iea is cutting its oil demand growth forecast for the coming year by a marginal 90,000 barrels a day. also in the news, j cpenney increasing borrowing capacity under a bank credit facility by $ 00 million. up now to -- $100 million. now to $1.9 billion. the retailer expanding an option to buy more at a later date. the news said to be raising concerns among analysts as the retailer works on that turnaround. >>> and conditions on a disabled carnival cruise ship in the gulf of mexico, they're in dispute. the company says it's making passenger -- passengers stranded aboard as comfortable as possible with running water, working bathrooms. this contradicts accounts of some passengers who told relatives about filthy, hot conditions, and l
next door. she wants to kill them now. i see a weird philosophical difference. this is the energy facebook is like anti-energy. all they do is talk to people out there. like you're not doing anything. they don't bring the country forward the way that oil does. i am a hypocrite because i tweet 118 last night. >> eric: weigh in on this full screen. look at low donations. donations to president obama for 5 to 1 versus romney. twitter was 71 to 1. but i'm guessing they don't include the loopholes with the social media. >> andrea: he talks about class warfare he created two classes but not the ones you think. the connected and the not connected. if you are a rich person but a friend of obama you get the tax benefits. if he deems he doesn't like you, you don't. that's why i don't like this. let everybody start out in the same position. examine a flat tax. the companies eventually do pass it on to the consumer. as greg points out, people now are at the pump with the highest gas prices in any month of february ever. the oil companies pay enough in taxes already. >> bob: is it fair to say
increasing taxes and that is not going to take care of this pro growth tax reform. using energy resources. those are the types of proposals that he needs to make. that is what creates a lot of revenue. that would reduce our deficits but that is not the change of the course unfortunately. >> might obama surprise us tonight? larry summers wrote about this. might he surprise us and be more pro growth? >> he is. he has to have a strong middle class. the middle class has been under attack. and i think what you are boeing to see this president is going to want to put middle class people to work. we want to help the middle class but we have had the obama formula. we have had the spending and the temporary tax rebates and we haven't had the growth. where is the goods on this where is the beef on this? >> when we have had what we had in 2008, i think we did pretty well from that. it is true. in order to build this country. you have to have a strong middle class. the top 1% makes 225 times as much as the bottom. i don't think we ought to raise taxes but we need to make sure the middle chas gclass g
health. he does not have the strength or the energy to go forward. now, he will be stepping down on the 28th of february. that is the official day. and really, again, it came as much of a surprise. he did become pope in april of 200 5 after john paul ii passed away. and has been affected by a weak health, but apparently what happened is that he became more unhealthy in the last month because of a degenerative problem in his bones which makes moving around very, very difficult. but he was last seen on the 8th of february and on sunday did once again do his mass vatican. so things appeared quite normal up until ten minutes of 12:00 today when he did announce that he can no longer move forward in his position. >> thank you so much, claudia. i saw the pope speak live in cuba and i gave him a lot of credit. he was staring at raul castro in the front row. and i thought it was very brave to talk about democracy and freedom in a place that so desperately needs it. he's never loved as much as -- i always refer to him as want pablo -- it's a tough act to follow. >> the papacy, according to
. so, you know, we'll see what he says about energy enerand energ policy. >> i'm shul you'll be fact ceching more. john, back to you. >>> the question is will he follow through? we're going to go live here to washington -- back here to washington with a scorecard of last year's "state of the union" address. that's coming up. nurses are dealing with a wider range of issues. and there are ever-changing regulations. when you see these challenges, do you want to back away or take charge? with a degree in the field of healthcare or nursing from capella university, you'll have the knowledge to advance your career while making a difference in the lives of patients. let's get started at capella.edu. ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. waiting for your wrinkle cream to work? neutrogena® rapid wrinkle repair has the fastest retinol formula. to visibly reduce fine lines and wrinkles in just one week. neutrogena®. but w
that kind of time and emotional energy to gun eviolence. i think it shows he wants to fight on that issue. >> kelly o'donnell, you were there. were you able to gauge any reaction in the chamber among members of congress? >> it was interesting. i've been in the chamber for a number of this president's addresses and president bush before. and i think early in the evening, there was more of a sense of a flat energy. i don't know if that's because we've just come off the inaugural address. it seemed to take a while for the room to sort of ignite. when you got to the point where there was the discussion of guns, i was about five feet or so in front of gabby giffords and her family. so i was able to see how people around them looked as they stood first quietly and then applauding. and then i also could see how some of the other family members had brought photos of loved ones. i was also struck by when sort of the kind of emotion of the moment had faded, there was one woman, i presume a mother, who shouted out kind of picking up on the president's cadence, the name of her loved one and then repe
much he focused on clean energy and on creating an energy security trust, using revenues from oil and gas industry to kind of get cars and trucks in the u.s. off of oil for good. and talked about cutting the red tape on gas and oil permits. that will have a longer term impact on prices, but today traders are buzzing about what happened overnight. the report from the american petroleum institute showed a decline in u.s. crude supplies. that's one factor supporting u.s. oil prices. add to that the international energy administration saying that opec production was actually at the lowest level in a year last month. so even if demand starts to come back, they did lower their forecast overall for global demand. if it starts to come back, that could be an issue with spare capacity. we'll find out a lot more about what's happening with the u.s. oil supply picture at 10:30 a.m. we'll get the report from the energy department. >> when we come back, republican congresswoman marsha blackburn of tennessee voted no on the fiscal cliff bill. how does she feel about the automatic spending cuts t
in particular where the president wants to raise the spending level, invest more. they are edation, energy, and infrastructure. he wants to raise the level of spending in those three areas, that he believes, will create jobs. all of this will be partly paid for by raising the amount of money that the government takes from wealthy individuals, raising the amount of money that it takes from corporations and getting more money out of oil companies. overall, alisyn, it will ab fairly aggressive pursuit of the same policies we've been seeing for the last four years, for the next four years. he'll be aggressive this year. >> critics will say this new term, investment in the future is a synonym for stimulus. is there an argument to be made that the white house, i imagine, will make that stimulus was short-term, nd decades to come?future are >> speaker pelosi, former speaker pelosi in her appearance with chris wall lost on fox news sunday, said that investing in education was the best thing for the economy, brings in more money to the treasury. that may or may not be true. it may be true in the lo
can be a health, only one can be an energy or a food and beverage, but what if you're not sure? i need you to err on the side of caution. we've played this game so many eyears a lot of people were not sure. if two stocks trade together, if they succeed or fail based on the same failure, then you're not diverse philadelphia. take a look at their stock trading history. go -- the graphs are everywhere these days. are they in tandem? pick one, drop another. if the oil producer is the same sector. and i'm not doing this to be arbitrary and capricious or make it more difficult to invest. these aren't big technicalities people. when you get too concentrated in one area, then the moment something bad happens you'll want the throw yourself off the bridge. the losses will be -- enormous. imagine if you own too many health care stocks right before they got whacked by congress. how about banks in the financial regulatory reform that congress produced in response to the crisis? and this soured too many people, too many tech stocks going to the dotcom bust or perhaps you own many stocks you don't th
's going to focus on mice. not the rodent. it's an acronym for manufacturing, infrastructure, clean energy and education. those are the four topics i think you're going to hear. >> there are republicans around the country rolling your eyes as you're saying this. >> yes. i understand that. i think part of the president's job tonight is to explain how he's going to bring republicans along, but remember, he's talking over the republicans to the american people -- >> what happened to the middle? >> let me just say, the complaint -- i think the complaint against the president and the congress in general has not that they're not talking to what americans care most about right now which is the economy ask jobs. and that's true. the budget deficit -- >> he was talking about 18 and 19. >> i'm just saying that -- >> global warming and what was the other thing? >> there's immigration, there's guns. >> like 18, 19 and 20. >> exactly. you're going to hear a little bit about those. but it is time. i believe the white house believes it's time to talk over washington and to the american people about the e
energy prices, tougher comps compared to last year and tax refund checks are late this year. that's a major issue for a digs counter like walmart. retailers, kohl's dropped, target dropped and there's rumors that there might be interest in gap but the company doesn't comment on rumors or speculation and the higher dollar put pressure on commodities all day. the big story. energy stocks have had a great year, but the bottom line is they have all had a weak day today. finally take a look at the month, february. s&p 500 up 1.4%. maria, look at the rest of the world, all to the downside. we're outperforming everybody else. >> there you go. it looks like it's the best game in town. bob, you said something a minute ago. i want you to tell me when. when do people get the tax checks had. >> they are delayed because the irs would normally be senning out by the middle of january a large number of checks. they have been delayed several weeks because of the problems with -- with dealing with the fiscal cliff issues. >> thanks, bob. we'll see you a little later. after the break, some fishy tra
the speed of sound, the molecules in front don't get out of the way until that pressure and that energy build up in front, and it leaves a cone that we call the mock cone. and when that cone passes over your place on the ground, that's when you have a sonic boom. and that's all that built-up energy that is passing over you. >> and meanwhile, we have an asteroid about the size of a football field passing by the earth today. hakeem, how rare is that? and, you know, how lucky were we? >> well, you know, if you ask about things from space hitting earth, it's incredibly common, right? something like two tons of material from space fall to earth every day. but if you compare how frequently things occur as a function of their size, then as they get bigger, they become rarer. so if you look at events that are big enough to, say, wipe out a city, you may expect once per century to come to earth. and the latest one that we know of is an object that hit in russia in 1908, known as the tunguska event. it's common, but not as common that we should be concerned. >> the asteroid we saw today, the thin
're a big tent. we love having this individual input, and that is what is going to bring energy and excitement to our party and put the focus on -- we are the party that believes in the individual, and the power of you. >> do you believe you have a message problem or a messenger problem? >> i think it's a little bit of both, in that we have a good solid philosophical core. we have the right set of principles. sometimes, how we communicate that message gets a little bit muddled, and i think, many times, the messenger has a tendency to maybe not look as new and as fresh. and i appreciate so much governor jindal and senator rubio, and their passion for getting out there and making a difference. and in having messages that communicate and reach younger voters that get beyond the sides of our big tent party and bring more people in. invite people into the process. >> well, let me go through a couple of the president's proposals and see where you stand. on the minimum wage -- >> sure. >> do you see -- there are two parts to the president's proposals. one, he would like to see it raise
the latest moves in energy and metals, too. sharon epperson at the nymex. >> good morning, carl. gold has not been such a great trade. we're seeing gold prices at a five-week low right now. a lot of technical selling going on, prices below 1650 an ounce. the selling we're seeing the lowest in the average. the volume is then with the lunar new year in asia. and that holiday also creating a lot of lack of liquidity in the marketplace. we're looking as well at the g-7 and what they're going to say about currency devaluations. that is something that is worrisome to traders. overall we've seen the rotation out of gold and into equities. it seems as ubs points out, that a lot of traders don't want to be in this safe haven of gold, they want to be in riskier equities. that's the indication we've been seeing for the last several weeks. we're also watching what's happening in the energy space. a pullback after hitting the yearly highs for brent crude and for refined fuels on friday. the pullback that we're seeing, though, in brent, really not that severe as traders are saying, technically it's sti
some of our oil and gas revenues to fund an energy security trust. i propose a fix-it first program, to put people to work as soon as possible on our most urgent repairs like the nearly 70,000 structurally deficient bridges across the country. no one who works full time should have to live in poverty and raise the federal minimum wage to $9 an hour. tonight i propose working with states to make high-quality preschool available to every single child in america. nothing i'm proposing tonight should increase our deficit by a single dime. >>steve: probably just about $1 trillion. >>gretchen: as we remember interviewing gene sperling, the economic advisor to the president, talking about investments -- that is the new buzzword. they're not going to say stimulus because the president himself said some of those shovel-ready jobs in the last stimulus round didn't work. now they're renaming it to investments the the minimum wage from $7 to $9. expanding preschool programs, $40 billion towards infrastructure and promoting climate change. the quote of the night it is not a bigger government we
? >> there is no indication of an immediate health crisis, but we know his energies have been fwr gradually lagging for some time. he'll be 84 in april, and his calendar has been increasingly restricted. they have been cutting back the number of public appointments he is taking and hesitating to schedule international trips, precisely out of his capacity to carry them out. so in that sense there, have been indications that the pope himself felt that his forces were beginning diminish, but as i say, there has been no hospitalization, no dramatic public collapse, nothing that would indicate that the moment was coming. this resignation, which, again, should take effect on february 28th, will trigger what the vatican calls a period which basically means that the preparations will now gun for a conclave of events, where the cardinals will gather to elect the next pope in tandem with that, beginning in full force today, the speculation about been de benedict xvi will begin. >> and speculation will be rampant. it's the same process as when the pope dies. they bring the cardinals in after calling the conclave and e
resign. and he's saying basically he tkobt have -- doesn't have the strength or energy for this. it was quite a big surprise. >>brian: we understand he made the announcement in latin during a meeting with vatican cardinals this morning; right? >> exactly. this is a huge decision because basically it sets the stage for a conclave, a new election before the end of march. he said basically he is going to be leaving the post and it will be vacant until a new pope is elected. he recently had a consistry, he included new cardinals so that under the -- under the age of 80 will be voting. so the number of cardinals is up to the level that is appropriate for a conclave. you can sort of see looking back in hindsight that there are a couple of moves that he's made, especially this talk about his recent book about the fact that popes can and should resign if they're not up for the job. >>steve: there was some speculation last year when he turned 85 that because of his resigning health, he might resign then. how has his health been in the last year then? >> he has his good days and his bad d
, clean energy and education. he'll zero in on the issue of the middle class, advocating for what he described to house democrats last week as a, quote, economy that works for everybody. tomorrow's speech will also focus on immigration, climate change and gun violence, echoing themes from last month's inaugural address. on wednesday, the president will head to asheville, north carolina, to begin a three-state tour to sell his proposals. the post-state of the union presidential barnstorming will also hit atlanta and end out in chicago later in the week. >> so what proposals are we talking about, mike? i mean mark. anybody? >> gun control. >> gun control. >> immigration. >> they're going to love that in north carolina and georgia. >> education. >> i guess we're going to be -- >> nuclear disarmament. less nuclear bombs. >> so he's bringing up nuclear disarmament again. has anybody told him it's not 1987? >> stop. be nice. >> who could be against it? >> i know! but seriously. >> it's just money, though. >> how much money does it save? he is just one man. >> it could save us billions, i t
, infrastructure, clean energy and education. it will set a predicate. i'm not sure how important it will be come march or april. i still think he has a real challenge, can get immigration through. this fiscal situation we face a sequester everybody thinks is awful in only two weeks. i don't see anything happening to avoid that right now. i think he'll get blamed for that ultimately. they say the republicans will. if the defense department is in real trouble, the president gets blamed. >> by the way, six months from now when the job numbers are still sputtering along, not like they're going to look at john boehner and say, this is john boehner's fault because 80% of americans don't know who john boehner is. >> he has one great asset, joe, the republicans. >> one asset the republicans have. >> there is that. >> the democrats. it's the circle of life. >> exactly. >> the circle of life. >> every time a party seems to be moving towards total domination they overreach. now, you have democrats in the strongest position they've been in quite some time. you have nancy pelosi going on the air this weekend
is of getting out of d.c. right away? >> to keep the energy up and the pressure on. that's where the president's supporters are. instead of being bogged down, we wants to go over the united states of america communicating directly to the american people. we think it's going to be very effective. it's already showing results. >> what was the biggest take away for you last night? >> well, the biggest take away is the president wants up or down votes. so regarding immigration, he wants a bill, he wants it on the floor of the senate in an up or down vote. so the american people are going to know where our elected officials stand once and for all. so his push to make sure that his ideas get a fair hearing in congress was the most powerful and clear part of this speech for me. >> so karen, a lot of people are talking about the middle class and the conversations about our economy. there is a really interesting, i guess, dynamic of the reaction today. take a listen to the president from last night. >> the true engine of america's economic growth. a rising, thriving middle class. build new ladders of o
decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing durin
-chocolate flavor, plus 10 grams of protein, so it's energy straight from nature to you. nature valley protein bars. >>> welcome back to "morning joe." here with us now from washington, the former speaker of the house and former republican presidential candidate, newt gingrich. mr. speaker, obviously a historian, former and present. >> happy presidents' day. >> give me your list of three greatest presidents. who are the three greatest presidents in u.s. history? >> well, i think you probably have to say washington because he really was the father of the country. lincoln because without him the union probably would have collapsed. and franklin delano roosevelt, who was the leader of the country during the second world war. his 12 years are an extraordinary achievement. >> talk about roosevelt's 12 years. here was a guy that when he was first elected in 1932, a lot of people thought he was a dilettante, he had -- until obviously he was stricken by polio that he might not be deep enough for the job, he might not be up for the job. yet, my mother in rural georgia 12 years later when he died, they thoug
something about the energy in our country. >> it's 4 degrees outside. quit complaining in hawaii. >> and you're paying $4.26 a gallon in the state of california. let's talk about what's happening at the grocery store. i'll be the purveyor of doom and gloom this morning when it comes to the citrus crop. jennifer delgado at the cnn weather center. the freeze is going to be a problem, isn't it? >> that's right. we are still following the temperatures across parts of florida. they have been below freezing. they're slowly starting to climb. temperatures in some of these locations have dropped down to 25 degrees. ocala, 27. jacksonville, 29. what does this mean? looks like it could potentially threaten florida's citrus crop. temperatures are going to remain below freezing through about 9:00 a.m. that's why we have the hard freeze warning in place for parts of central as well as northern florida. looks like by tomorrow we'll certainly see a big improvement. just to give you an idea of how bad the situation can get, when you get temperatures below 28 degrees for more than four hours, that can be eno
energy, what's your reaction to sna? >> we had four trillion deficits in a row. he just got a lot of revenue. he's going to get a lot of spending cuts. we ought to get serious now and redistribute those in a more rational way. but talking about, you know, aggressive new spending right now is not likely to get a favorable hearing in congress. the votes aren't there for it. and they shouldn't be until we have serious deficit reduction and until the president will talk about where the real problem is. that's entitlements. we're willing to do that. he hasn't been. >> what if we don't fix entitlements? what if there's no plan? what's the downside risk? >> well, tremendous downside risk. remember, the sequester is just one thing. you have the continuing resolution coming up which is all government spending. some time after that between mid-may and the first of august, you've got the debt ceiling. i think those things are going to involve some serious discussion about long-term entitlement spending. we're at the table. we've passed the ryan budget twice. we'll pass another very aggressiv
started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the
, but perhaps not with the energy and vitality that this job requires or, in his opinion, after a prayerful thought, deserves, he decided to step down. so i think it has to do with his aging, and remember, thomas, he was the oldest pope to be elected in something like 300 years, when he was elected eight years ago. so, i think there's a good possibility we will see a younger cardinal elected to pope this time. >> and papal politics are kind of taboo. people don't really talk about that going into the college of cardinals and the conclave, but what are the main names that are being discussed, publicly, who might be his successor? >> well, that's very interesting. and i know it's not supposed to be politics, and first of all, the vatican has said that the pope has made it very clear, he doesn't want to influence this, obviously, uncharted territory, to have a living pope, during the election of a new pope, but, you know, there are a lot of names being passed around. if you want to look at the bookmakers, there's cardinal arinze from africa. he's from nigeria. he was considered a front-runner
's also, we expect, going to talk about infrastructure, manufacturing, energy and education and making investments that is spending in all of those. we'll hear some of his ideas on the sequester and the debt crunch facing the united states and also, of course, those social issues that are going to be so important. guns and immigration. they are going to draw a lot of attention in this speech tonight and one thing to look for here, maria, apple ceo tim cook is expected to be sitting in the first lady's box tonight as a guest of the first family and one undercation we may hear of insourcing of jobs which is something apple has received notice for recently and trying to bring some of the manufacturing jobs back from overseas to the united states, maria. >> all right. thank you so much. as we contemplate what the president may or may not include in the speech tonight we want to know what wall street wants to hear that could send stocks to an all-time high this week or lower. joining us now to break that down, cnbc contributor rich bernstein and anthony chan of chase wealth management. good
energy into this? >> well, it's not just about hope. and if we're going to rely on hope in the previous track record, then a lot of us would be pessimistic. we're extremely convinced this is of paramount importance. this is the core issue. seeking peace in the middle east i think that we're all in agreement over and it's apparent. y, you're absolutely right. there was a major evidence in 2010 which has stalled. we in jordan, his majesty king, early in 2012 conducted what we called exploratory talks to try and wedge the gap between the two parties to try and create an atmosphere to talk. of course, it actually helped but what is missing at this stage say process, unfortunately, we've had too much process and not enough peace. a process that would lead to direct negotiations concerning all foreign state decisions. this is a priority. >> well, at the same time, we've had the arab spring. you had a war in syria -- a civil war in syria with more than 60,000 people dead. you have the refugees. you still have the refugees from iraq and now the refugees boarding your economy in syria. what's ha
more years at a trillion dollars a year. >> i'm more hopeful you'll get an energy policy that will drive oil and gas, that will do research on renewables. i don't want venture capital on renewables but i want research on renewables. i want to drive fracking on public as well as private land. we haven't touched public lands. i want to be an exporter, sorry -- >> we talked about that. >> of gas. i want to be somebody that provides the low cost energy producer. that's how you'll bring jobs back. you don't bring jobs back by legislation. you bring jobs back by making it the place to be. >> the president did mention this in the state of the union, more natural gas to keep electricity prices low. >> come on. he also talked about heck coalte costs lower. obama care isn't in yet. that's all recession related. that's nothing to do with obama care doing that. let's talk about regulators. i get the energy policy, if we open up and go. we replace chu, live, a jackson, these are people when you replace them, watch those appointments. >> it will be worse. >> pray to god you're wrong. i
. it's a fiction. >> bill: one more. >> and one known to the administration. >> bill: green energy. the president claimed that we have doubled the distance of cars how far they can go in a tank of gas. >> well, again, i'm sure it's just a misunderstanding. >> bill: another one? >> 27 miles to the gallon. >> bill: yes. >> is the current overall rate for. >> bill: on the highway. >> on the highway. and by 202025 we will have cars on the highway through agreement with the manufacturers of an average of 54 miles to the gal loan. >> bill: that's good. >> that's great but that's 2025 not now. in fact, the changes that will allow us to move towards that 54 or doubling as the president said it and made it sound as if it were today doesn't even take place until 2017. >> he didn't say it was 12 years away. >> no. he forgot to put that in there. >> bill: lou dobbs, everybody. keeping an eye on the situation. >> thank you. >> bill: directly ahead. outrageous video that we the taxpayers funded has to do with training federal employees that you are not going to believe what you are about to hear
the machine, but cory booker has energy and momentum in this race. >> chris christie, prohibitive favorite as republican for governor, cory booker as a democrat. the state has a lot of room for personality. >> i think mike and andrea are both right, a clearer path. >> one thing we should say, frank lautenberg deserves a lot of credit for what he did. one of the richest men in america going to the senate, spending most of his time trying to help the poorest people in america. >> first elected in 1982 in new jersey. >> sensational guy. mike allen with a look at the "playbo "playbook." thanks so much. >>> next, newly acquired yankee -- still weird to say this -- kevin youkilis as a yankee, hasn't even taken his first swing, already a little controversy. youk tells the media his heart belongs in boston. >> oh, boy. that's a problem. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're
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